# MTHD PROJECT LIMITED (12710392)

> MTHD PROJECT LIMITED is an active private limited company (company number 12710392) incorporated on 1 July 2020, registered in London. Its registered activity is operation of sports facilities (SIC 93110). Latest small accounts cover the period ending 31 December 2025, showing net assets of −£3.00m and cash of £278k, with 8 employees on average. Net assets fell 87% on the prior period (−£1.60m). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2020-07-01
- Registered office: London, W1S 1JF
- SIC 93110: Operation of sports facilities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-07-15
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 331 comparable companies in London (median £100, upper quartile £34k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | −£3.00m | £278k | — | £10.40m | — | — | 8 |
| 2024-12-31 | −£1.60m | £53k | — | £6.39m | — | — | 5 |
| 2023-12-31 | −£860k | £186k | — | £4.35m | — | — | 2 |

current ratio 0.32; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-2,995,163 at 31 December 2025
- Net assets down 25% or more on the prior period: -86.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.32
- Cash at bank of £50,000 or more: Cash £278,340
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 1 July 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Bertrand Nicolas Hubert Perrodo — has significant influence or control, since 2020-07-01
- Mr Francois Hubert Marie Perrodo — has significant influence or control, since 2020-07-01
- Ms Nathalie Perrodo — has significant influence or control, since 2020-07-01
- Mr Richard John Martin — owns 75–100% of shares, since 2021-09-20

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12710392
HTML: https://firmoscan.com/company/12710392-mthd-project-limited